California Public Employees Retirement System Portfolio holdings
The California Public Employees’ Retirement System (CalPERS), established in 1932 and headquartered in Sacramento, California, is the largest public pension fund in the U.S., managing over $510 billion in assets as of late 2024 to provide retirement and health benefits to more than 2 million state and local government employees, retirees, and their families. Operating as a defined benefit plan, CalPERS invests globally across equities, fixed income, real estate, private equity, and infrastructure, guided by a 13-member board and a commitment to sustainable investing and ESG (environmental, social, governance) principles under Chief Investment Officer Ben Meng since 2024. Known for its influential shareholder activism—pushing for corporate governance reforms—CalPERS serves over 3,000 employers, including state agencies and school districts, balancing long-term funding needs with a $100 billion unfunded liability challenge. As a cornerstone of California’s public sector, it blends financial stewardship with a mission to secure retiree livelihoods.
Top Buys
| 1 |
Merck
MRK
|
+$266M |
| 2 |
Becton Dickinson
BDX
|
+$208M |
| 3 |
Apple
AAPL
|
+$188M |
| 4 |
SGEN
Seagen Inc. Common Stock
SGEN
|
+$175M |
| 5 |
ATVI
Activision Blizzard Inc.
ATVI
|
+$170M |
Top Sells
| 1 |
Aflac
AFL
|
+$136M |
| 2 |
ONC
BeOne Medicines Ltd. American Depositary Shares
ONC
|
+$68.8M |
| 3 |
UDR
UDR
|
+$64.9M |
| 4 |
IMMU
Immunomedics Inc
IMMU
|
+$40.1M |
| 5 |
Arch Capital
ACGL
|
+$39.9M |
Sector Composition
| 1 | Technology | 22.31% |
| 2 | Healthcare | 14.28% |
| 3 | Financials | 12.51% |
| 4 | Consumer Discretionary | 11.96% |
| 5 | Communication Services | 9.19% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
1976
Keros Therapeutics
KROS
$636M
| $2.03M | ﹤0.01% |
28,825
+12,806
| +80% | +$903K |
|
1977
United Natural Foods
UNFI
$1.77B
| $2.03M | ﹤0.01% |
127,311
-1,381
| -1% | -$22.1K |
|
|
PAYA
1978
DELISTED
Paya Holdings Inc. Class A Common Stock
PAYA
| $2.03M | ﹤0.01% |
149,590
+75,630
| +102% | +$1.03M |
|
1979
Bally's
BALY
$487M
| $2.03M | ﹤0.01% |
40,343
-2,533
| -6% | -$127K |
|
|
CSR
1980
Centerspace
CSR
$979M
| $2.03M | ﹤0.01% |
28,667
-980
| -3% | -$69.2K |
|
1981
Denny's
DENN
$264M
| $2.03M | ﹤0.01% |
137,914
-2,700
| -2% | -$39.6K |
|
1982
Dine Brands
DIN
$368M
| $2.01M | ﹤0.01% |
34,709
-2,208
| -6% | -$128K |
|
1983
Great Lakes Dredge & Dock
GLDD
$821M
| $2.01M | ﹤0.01% |
152,504
-1,614
| -1% | -$21.3K |
|
1984
Atlanta Braves Holdings Series B
BATRK
$2.64B
| $2.01M | ﹤0.01% |
80,686
+5,186
| +7% | +$129K |
|
|
TVTY
1985
DELISTED
Tivity Health, Inc. Common Stock
TVTY
| $2M | ﹤0.01% |
102,083
-1,095
| -1% | -$21.5K |
|
1986
IMAX
IMAX
$1.74B
| $2M | ﹤0.01% |
110,778
-1,448
| -1% | -$26.1K |
|
1987
Lantheus
LNTH
$3.6B
| $1.99M | ﹤0.01% |
147,703
-2,800
| -2% | -$37.8K |
|
1988
Madrigal Pharmaceuticals
MDGL
$9.63B
| $1.99M | ﹤0.01% |
17,900
-400
| -2% | -$44.5K |
|
1989
XPEL
XPEL
$960M
| $1.99M | ﹤0.01% |
38,602
-915
| -2% | -$47.2K |
|
1990
Usana Health Sciences
USNA
$557M
| $1.99M | ﹤0.01% |
25,782
-500
| -2% | -$38.6K |
|
|
RAD
1991
DELISTED
Rite Aid Corporation
RAD
| $1.98M | ﹤0.01% |
125,362
-7,523
| -6% | -$119K |
|
1992
Korro Bio
KRRO
$289M
| $1.98M | ﹤0.01% |
1,125
-22
| -2% | -$38.8K |
|
1993
Marcus & Millichap
MMI
$1.26B
| $1.98M | ﹤0.01% |
53,145
+210
| +0.4% | +$7.82K |
|
|
EPZM
1994
DELISTED
Epizyme, Inc
EPZM
| $1.97M | ﹤0.01% |
181,600
-20,639
| -10% | -$224K |
|
1995
Albertsons Companies
ACI
$10.5B
| $1.97M | ﹤0.01% |
112,130
-2,200
| -2% | -$38.7K |
|
1996
Groupon
GRPN
$923M
| $1.97M | ﹤0.01% |
51,828
-1,000
| -2% | -$38K |
|
|
ATRI
1997
DELISTED
Atrion Corp
ATRI
| $1.97M | ﹤0.01% |
3,065
-100
| -3% | -$64.2K |
|
1998
Asana
ASAN
$3.12B
| $1.97M | ﹤0.01% |
+66,560
| New | +$1.97M |
|
|
ARCE
1999
DELISTED
Arco Platform Limited Class A Common Shares
ARCE
| $1.97M | ﹤0.01% |
55,400
-1,200
| -2% | -$42.6K |
|
2000
Personalis
PSNL
$519M
| $1.96M | ﹤0.01% |
53,619
-7
| -0% | -$256 |
|